The most popular topic across financial market headlines is the relentless appreciation witnessed in global oil prices after OPEC and Russia squarely rejected Donald Trump’s demand to boost output over the past weekend. Brent Crude has soared to levels not seen since November 2014 when it was.
Technical Analysis
Nikkei 225 Technical Analysis: Can Impressive Gains Stick? – Gold Silver Reports
Gold Silver Reports (GSR) – The simple moving averages at 20-, 50- and 100 days remain in chronological order, but they are all now some way below the market.
Fed Chair Powell Dips USD, Boosts S&P. Nikkei 225 Eyes Trend Line – Gold Silver Reports
The US Dollar suffered its second week of losses, with declines amplified as Fed Chair Jerome Powell spoke at the Jackson Hole Central Banking Symposium on Friday. While he did reiterate much of the status quo that gradual hikes are likely appropriate, a lack to go beyond that left hawks rather disappointed. Indeed, US government bond yields declined across the board.
Gold Price Forecast January 15, 2018
Gold Silver Reports – 👍👍👍👍👍 Gold Price Forecast January 15, 2018, Technical Analysis — Gold markets broke out during the day on Friday, clearing the $1325 level. The market then pulled back to reset level, only to explode to the upside again. The US dollar is getting hammered, and that’s yet another reason that this market should go higher.
Gold Futures Forecast Report Technical Analysis – December 14, 2017
Gold Silver Reports – Based on the current price action, the direction of the gold market the rest of the session is likely to be determined by trader reaction to the steep uptrending Gann angle at $1254.30.
Gold Price Forecast for the Week of November 6, 2017
Gold Silver Reports – Gold markets tried to rally during the week but found enough resistance above the $1275 level to roll things over and form a bit of a shooting star.
MCX Crude Oil Expected Trading Zone 3270-3410 March 06
Technically Crude oil market is getting support at 3306 and below same could see a test of 3270 level, And resistance is now likely to be seen at 3366, a move above could see prices testing 3410.